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Posted on April 27, 2010 | tags

 
 

World: The final tally: Iceland’s volcanoes and the resulting financial cost

  • 10
    million
    number of people who
    couldn’t fly for six days as a result of the clouds of volcanic ash
  • $3.3
    billion
    the amount this will cost
    the airline companies, according
    to estimates source
  • » Who foots the bill?: It’s inevitable that refunds (or worse, lawsuits) will come out of this whole situation, and EU Transport Commissioner Siim Kallas says that the airlines should foot the bill and keep in mind the rights of consumers, but maybe with the help of European governments to soften the massive blow. Thanks again for nothing, Iceland!